DAIRY COMPANY.

Hawera Star, Volume XLVI, 15 August 1927, Page 9

DAIRY COMPANY.

KAUPOKONUI GOAIPANY. ANNUAL REPORT. Tlie report of the directors to he submitteitd at the annual meeting an September sis as foil lows: The directors submit herewith, the thirtieth annual report and balance-sheet. It is pleasing to* report an increase in the product lion of hutter-fat of 10.2 per cent. The quality of our cheese has also been much improved. Advances for butter-fat supplied were considerably in advance of most factories in this district. Payments have been equalised at l*s 4d per lb. by a further payment made on August 20. Ghees© stocks have been valued at 7id per lb f.o.b. after allowing for shrinkage. Account sales to hand show this Maine to be well maintained, and should the market remain firm it is anticipated a further sum will be available for distribution. Provision has been made for a dividend of 5 tier cent, on paid-up shares. The store shows a net profit of £1396 18s 7d, which, considering the decreased turnover, must be regarded as satisfactory. ■ This amount has been appropriated in the- usual manner. Tlie retiring directors are Messrs. E. T. Burke and A. H. Christie. who retire by rotation and, being eligible, offer themselves for re-election. STATISTICS.

Pounds, of milk received, 59,391,753; pounds of butterfat, 2,405,059; average test, 4.0495 per cent; factory payout per lib butterfat for last season, —; number of suppliers, 235; number of cows supplying factory, 11,031; average pounds of butterfat per cow, 218; total charges (including repairs and depreciation, but not including interest o.n shares) up to* f.o.b. ocean steamer on butter and cheese, worked out at jpe*r lb. butterfat, 4.371 d. Used for Oheere->maldng.—Pound® of milk. 58,428,241; pounds of butterfat, 2.363,453; pounds of cheese made (factory packing weights), 6,449,120; pounds of milk to make I.lb cheese,. 9.06; pounds of cheese to lib butterfat net, 2.679; average test. 4.04 per cent; pounds of cheese from lOOlba milk, 11.03. Used for .knitter-making.—Pounds of milk, 963.512; pounds of butter-fat (exclusive of home separated and starter fait), 41,G36; pounds of butter made, 116,944 (52 tons 4ewt. 161 b) ; pounds of milk to make lib butter, - —; pounds of butter fmm lib butter-fat, 1.153; average test, 4.32 per cent. AVI lev Butter.—pounds of whey ‘butter (excluding starter butter), 131,880 (58 tons 17ciwt 2qrs); pounds of whey butter made per ton of cheese 45.8. Home Separation.—Cream received, 8,157; butterfat, 3,26*1; average test, 40 per cent.